Demand for security protection services in Europe and the US has sharply risen thanks to crypto investors and professionals who have experienced it over the last two years. Infinite Risks International, a company based in Amsterdam, has reportedly experienced a stark increase in inquiries as well as long-term contracts for bodyguards and advanced home security systems. People can now avail themselves of these services, which include the use of armored vehicles and more.
In France, there is a worrying trend relating to the use of violence. In January 2025, David Balland, co-founder of crypto hardware wallet company Ledger, was kidnapped for ransom. A crypto executive’s father was kidnapped and had a finger chopped off before being saved by French police in a different case.
In May 2025, masked assailants attempted to kidnap the daughter and grandson of Pierre Noizat, the CEO of Paris-based crypto exchange Paymium, in broad daylight. The family fiercely resisted and was not taken away, but it has impacted the world of crypto. The brazen and publicly evident character of this attack signifies how physical threats are likely to become a reality due to crypto wealth.
The French Interior Minister has vowed to act quickly. After consulting with crypto leaders, he made a commitment to “prevent, deter, and protect.” In the beginning, he will encourage cooperation between law enforcement and crypto businesses. Access to emergency services for executives will be fast-tracked by him. Also, police experts will conduct free inspections of executives’ homes for security. They are also developing a broader national security plan.
Experts in security are saying that investing in cold wallets or enabling two-factor authentication is no longer enough. Bodyguards and proactive safety planning are necessary because the threat has gone physical.
In the US, companies like Circle and Robinhood are taking notice of these security trends. As per reports, Circle spent almost $800,000 on personal security for CEO Jeremy Allaire, and Robinhood spent even more—over $1.6 million—to secure safety for its CEO, Vlad Tenev, in 2024. These expenses are now seen as core business expenditures, not just optional ones.
The value of crypto is easily traceable and yet quickly movable. Criminals are discovering that previous data leaks at companies like Coinbase make wealthy holders an ideal target. Even smart executives have fallen for complex scams, making awareness and strong security even more important.
Conclusion
Reports of rising violent threats towards crypto professionals display a huge concern. As fame increases, personal security has moved from the back end to the front end. Crypto bigwigs are discovering that protecting their wealth now entails guarding their lives—whether through armored tankers or bodyguards.
